If its bid for the Project LAND 400 Phase 3 infantry fighting vehicle requirement is successful, Hanwha is expected to also build more than 400 K21 Redback vehicles at the AVCE. Hanwha has also flagged the possibility of the AVCE becoming a second-source line of vehicle and spares for the Republic of Korea (RoK) Army.
“With Australia’s close proximity to Republic of Korea, and the strong bilateral relationship between the two countries, Hanwha’s Australian facility will also become a critical and important secondary line of supply back to South Korea,” Mr Cho said. “The Australian operation will also help Hanwha fulfil contracts in other parts of the world and deliver capacity to engage with Five Eyes nations.”
Interestingly, Prime Minister Morrison said at the signing ceremony that the LAND 8116 signing puts Hanwha in a “strong position” for LAND 400 Phase 3, saying South Korea is a “like minded” neighbour in the region.
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